Below is a headline summary of our Weekly African Footprint. Please click here for more detailed reports. It includes the following:
Quick summary table displaying the performance of all the African Stock Exchanges and African currencies on a WTD and YTD basis. Summaries of the keys markets and relevant economic and corporate news.
Do not hesitate to contact us should you require further information.
• CPI quickens to 4.4% y/o/y in January
• EFG seeks to increase assets under management in Egypt by 25%
• Egypt's energy quagmire could sink Sisi
• Central bank earmarks USD 1.44bn for low-cost housing
• Egypt's LNG import ambitions thrown into disarray
• Interest on 3-year bonds shoots up to 23%
• BoG to inject millions of dollars into economy this week
• KenGen hits big with new steam well
• Housing Finance sees 63% profit jump in 2013
• Kenyan sugar firm Mumias trims loss, says cane theft a problem
• Kenya's Longhorn profit jumps on regional expansion
• Kenya seeks up to $500 mln loan to build fuel pipeline
• Kenyan shilling firms, more gains seen on foreign demand for T-bond
• Kenya to invest KES 6bn in proposed Uganda refiner
• Next budget seeks to cut the ballooning wage bill
• Rogers H1 profit down 78%
• MCB first-half pretax profit up 12%
• European fashion supplier Ciel Textiles H1 profit up 28 pct
• Mauritius NMH Q1 pretax up 6.3 pct
• Mauritius finance ministry renews battle over rates with central bank
• Mauritius' 5-yr Treasury bond yield rises to 5.83 pct
• Guinness Nigeria First-Half Profit Declines 22% on Weak Spending
• Shareholders approve Nigeria’s Oando capital raising plans
• NSE Lifts Suspension on Cadbury Shares
• PZ Cussons Declares Special N1.30 Dividend
• Oando awaits regulatory clearance for COP deal
• Nigeria’s external reserves shed USD 1.598bn in 6 weeks
• Nigeria's central bank sells $600 mln to support naira
• Insurance industry grows 40% on reforms
• Nigeria's president suspends central bank governor: spokesman
• Nigerian president names Zenith Bank MD as next central bank governor
• Change at Nigeria central bank won't affect policy: finance minister
• Nigeria's AMCON seeks Enterprise Bank sale by end-May
• Schneider eyes Zambia
• Lusaka Bourse May Buy Stake in Commodities Market After Tie-Up
• Zambia Central Bank Calls Urgent Meeting as Kwacha Sinks to Low
• Ariston recap pays off
• Allied Bank to sell shares
• Foreigners eye RioZim’s Sengwa
• Afdis after-tax profit up
• Meikles to expand footprint in mining
• Cairns deal back on track
• NMBZ seeks to raise USD 5m
• Delta in US$12m Chibuku expansion
• Chemco plans to delist by April this year
• AfrAsia US$5m rights issue fully subscribed
• Cafca projects 30% profit rise
• National Foods says imports a threat
• CSD ready to launch
• Inflation quickens to 0.41% y/y in January
• EU avails US$4m grant to Zim
• Zimbabwe mulls diamond bourse
• Zimbabwe shortlists two firms for platinum refinery
• European Investment Bank officials coming to Zimbabwe